| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||||
117,613 | 117,438 | 124,753 | 137,869 | 144,271 | 143,036 | 151,063 | 162,790 | 193,861 | 225,482 | 212,186 |
Cost of revenues (1) | ||||||||||
58,066 | 59,991 | 67,058 | 77,023 | 84,411 | 85,992 | 91,237 | 101,660 | 123,734 | 137,571 | 133,590 |
Gross profit | ||||||||||
59,547 | 57,447 | 57,695 | 60,846 | 59,860 | 57,044 | 59,826 | 61,130 | 70,127 | 87,911 | 78,596 |
Operating expenses: | ||||||||||
Research and development, net (2) | ||||||||||
35,552 | 36,109 | 36,655 | 34,885 | 35,483 | 33,468 | 35,000 | 42,539 | 53,244 | 55,588 | 56,148 |
Sales and marketing (3) | ||||||||||
17,665 | 15,323 | 14,315 | 13,867 | 12,103 | 11,905 | 11,273 | 14,237 | 16,497 | 17,199 | 17,889 |
General and administrative (4) | ||||||||||
10,317 | 9,955 | 9,789 | 9,006 | 9,876 | 10,541 | 11,812 | 10,638 | 12,920 | 14,362 | 15,228 |
Amortization of intangible assets | ||||||||||
417 | 1,700 | 1,700 | 1,457 | 1,284 | 1,573 | 1,672 | 2,310 | 7,972 | 9,975 | 12,258 |
Other income (Note 10) | ||||||||||
- | - | - | 2,549 | 0 | 0 | - | - | - | - | - |
Write-off of expired option related to investment in other company | ||||||||||
- | - | - | - | 400 | 0 | - | - | - | - | - |
Restructuring expenses | ||||||||||
- | - | - | - | - | - | - | 2,008 | -170 | 463 | - |
Total operating expenses | ||||||||||
63,951 | 63,087 | 62,459 | 56,666 | 59,146 | 57,487 | 59,757 | 71,732 | 90,463 | 97,587 | 101,523 |
Operating loss | ||||||||||
-4,404 | -5,640 | -4,764 | 4,180 | 714 | -443 | 69 | -10,602 | -20,336 | -9,676 | -22,927 |
Financial income, net | ||||||||||
1,654 | 1,815 | 1,669 | 1,227 | 1,175 | 1,204 | 2,457 | 2,388 | 1,885 | 1,468 | 2,857 |
Other income from remeasurement of investment in a business combination | ||||||||||
- | - | - | - | - | - | - | - | 1,343 | - | - |
Income (loss) before taxes on income (tax benefit) | ||||||||||
-2,750 | -3,825 | -3,095 | 5,407 | 1,889 | 761 | 2,526 | -8,214 | -17,108 | -8,208 | -20,070 |
Income tax benefit | ||||||||||
-1,560 | -1,868 | -92 | 594 | 327 | -2,841 | -150 | -172 | -866 | -783 | -11,634 |
Net loss | ||||||||||
-1,190 | -1,957 | -3,003 | 4,813 | 1,562 | 3,602 | 2,676 | -8,042 | -16,242 | -7,425 | -8,436 |
Net loss per share: | ||||||||||
Basic and diluted (in dollars per share) | ||||||||||
-0.05 | -0.09 | -0.14 | - | - | - | - | - | -0.70 | -0.32 | -0.36 |
Basic (in dollars per share) | ||||||||||
- | - | - | 0.22 | 0.07 | 0.16 | 0.12 | -0.37 | - | - | - |
Diluted (in dollars per share) | ||||||||||
- | - | - | 0.21 | 0.07 | 0.16 | 0.12 | -0.37 | - | - | - |
Weighted average number of shares used in per share computations of net loss | ||||||||||
Basic (in shares) | ||||||||||
- | - | - | 21,800 | 21,924 | 21,968 | 22,249 | 21 | 23,247 | - | - |
Diluted (in shares) | ||||||||||
- | - | - | 22,887 | 23,340 | 22,954 | 22,906 | 21 | 23,247 | - | - |
Basic and diluted (in shares) | ||||||||||
22,827 | 22,512 | 22,229 | - | - | - | - | - | - | 23,229 | 23 |